Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Pacman news…
The first cryptocurrency, Bitcoin (BTC), was created in 2009. Since then, thousands of other cryptocurrencies have been created. The total market value of all cryptocurrencies is over $2 trillion. Bitcoin (BTC), the largest cryptocurrency by market value, is worth over $790 billion. Ethereum (ETH), the second-largest cryptocurrency by market value, is worth over $371 billion.
Today, instead of giving you information about the uptrend of the top-to-top coins, I will offer 3 coin suggestions for you to get the best and highest earnings in May. One of these coins, Pacman Frog (PAC) is currently on pre-sale, but there is a very rapid rise expectation.
Monero (XMR) has been on the rise especially since the start of the Russia-Ukraine War and seems to continue its upward trend in the next month. Finally, Elrond eGold (EGLD), which we think has entered an uptrend, although it has had a fluctuating performance. We think that all these coins are profitable investments for you in May. Let’s take a closer look at these three coins together.
Monero (XMR): High performance in recent months
Monero (XMR) is a cryptocurrency with a market value of $5 billion. Monero uses the CryptoNight algorithm, which is designed to be resistant to ASIC mining. Monero is also notable for its high level of privacy and security. Monero is fungible, meaning that each unit is interchangeable with any other unit. This makes Monero especially resistant to censorship and seizure. Monero (XMR) is also divisible, so it can be used in small or large transactions. Monero’s market value has grown steadily since its launch in 2014, and it is now one of the top 10 cryptocurrencies by market value.
Monero (XMR) entered an upward trend especially on March 23 and continued this trend steadily. XMR, which offers a very stable infrastructure especially in data privacy and security. It could continue its upward trend at least until mid-May.
A Stable Growth: Elrond (EGLD)
Elrond (EGLD) is a cryptocurrency with a market value of $3.6 billion. Elrond uses the ERC-20 token standard and has a total supply of 20,000,000 EGLD. Elrond was founded by Beniamin Mincu and Lucian Todea in 2017 and is based in Malta. Elrond’s mission is to provide a “simple, efficient, and secure” platform for distributed applications (dApps). Elrond uses sharding and adaptive state execution to achieve this.
Elrond also offers a decentralized exchange (DEX), which allows users to trade Elrond tokens directly with each other. The DEX is integrated into the Elrond wallet and can be accessed by any user with an Elrond account. Elrond has partnerships with Binance, Huobi, OKEx, KuCoin, Balancer, and Matic Network. Elrond also has a native token, eGLD, which is used to pay transaction fees on the Elrond (EGLD) network.
Elrond (EGLD) lost its upward trend that started on September 8, 2021 and continues to maintain its value below last year. Although it shows a fluctuating trend, we think that it will catch a more stable upward trend in May.
A game called Knights of Cathena is being developed as an industry leading NFT game platform, which will allow for easy exchange and liquidity infrastructure built on multiple chains. The platform also provides blockchain governance modules to facilitate in-game transactions between users while providing cross-chain interactions between different blockchains through its inter-regulatory architecture.
Is 5000% Growth Possible in Pacman Frog (PAC)?
Pacman Frog, an on-chain governance protocol designed for efficient price discovery and an open technical framework, will interact with multiple decentralized finance protocols to bring rich liquidity in NFT sets which can be used as set extensions of the Multiplicatepublic chain ecosystem.
According to the data we follow from BoostX, Pac-ManFrog (PAC), which has caught a very successful pre-sale chart at the moment, seems to be among the most remarkable coins that we will start seeing on crypto exchanges in a few months.
PAC, which attracts the attention of many investors with its solutions and NFT marketplace applications, especially for game developers, can be a valuable first investment coin.